Mars and Venus Opposition: Will It Halt the Market Rally from Dec 08, 2024?

The stock market had a mixed performance during the week ending on December 6, 2024. Here's a brief summary:

• S&P 500: The index closed at 6090.27, up by 57.89 points, which is a 0.96% increase. This indicates a positive trend and a generally favorable week for the broader market.
• Dow Jones Industrial Average: The Dow closed at 44642.52, down by 368.13 points, representing a 0.82% decline. The drop suggests a challenging week for the industrial sector.
• Nasdaq Composite: The Nasdaq ended the week at 19859.77, gaining 641.60 points, which is a significant increase of 3.34%. This reflects strong performance, particularly in the technology sector.
• Nifty 50: The Nifty 50 closed at 24672.55, up by 541.45 points, marking a 2.24% rise. This indicates robust performance and positive investor sentiment in the Indian market.

• Sector Performance: Financials, technology, and healthcare sectors were among the top performers, while energy and utilities lagged behind.
• Market Movers: Notable gainers included Amazon (AMZN), IBM, and Home Depot (HD), while UnitedHealth (UNH), Chevron (CVX), and Nvidia (NVDA) were among the top losers.
• Economic Indicators: Key economic data, such as employment reports and inflation figures, played a significant role in market movements. The Federal Reserve's cautious stance on interest rates also influenced investor sentiment.
• Global Influences: Geopolitical tensions and international trade developments continued to impact market dynamics, with investors closely monitoring global events.

Overall, while the Dow Jones Industrial Average faced some setbacks, the S&P 500, Nasdaq Composite, and Nifty 50 showed modest gains, highlighting positive trends in various sectors and geographies.

Astrological Calculation for the Week Starting from Dec 08, 2024

• Saturn in Sadhaya Nakshatra: Saturn will be in Sadhaya Nakshatra's last pada, influencing stock market price action aggressively. The recent rally shows that we may experience a flash crash.
• Mercury Retrograde: Mercury is retrograde this week and will go direct on Dec 15, 2024. The malefic effects of Mercury retrograde can result in wrong trades, creating huge volatility in the market.
• Mars Retrograde: Mars went retrograde on Friday, Dec 06, 2024, after market hours. Mars will increase geopolitical tensions and cause the market to move down. It may also result in natural disasters like earthquakes, tsunamis, and fires.
• Venus in Makara Rasi: Mars and Venus opposing each other will likely cause the market to decline, especially on Tuesday, Dec 12, 2024.

Market Reaction

• The market is expected to be bearish for the first 2 days of the week.
• Then, the market could enter a choppy session for the rest of the week.
• It is expected that the market indices will close down for the next week.

Cryptocurrencies

• It is suggested to avoid crypto trading as delays in delivering Saturn's efforts could result in a flash crash.

Weekly Trading Forecast